https://salarnews.in/public/uploads/images/advertisment/1734528783_header_adds.gif

Fed chair fact-checks Trump over renovation costs

The exchange between Trump and Powell occurred on Thursday in the headquarters of the Fed, which is under renovation.

PTI

https://salarnews.in/public/uploads/images/newsimages/maannewsimage25072025_185944_Untitled design (13).jpg

  • Screengrab


Washington, 25 July

 

 

President Donald Trump rattled off a number to shame Federal Reserve Chair Jerome Powell about the renovation costs of the Fed's headquarters – and America's central banker dared to correct him. Live on video.

 

 

The exchange between Trump and Powell occurred on Thursday in the headquarters of the Fed, which is under renovation.

 

 

Trump claimed the renovation project was over budget at a USD 3.1 billion price tag, while Powell pushed back and said the president was including an extra building that had been renovated five years ago.

 

 

“You just added in a third building… built five years ago,” Powell said. 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Other Stories

https://salarnews.in/public/uploads/images/advertisment/1734528783_sidebar_Yello.png